TURKIYE: Kuveyt Turk Participation Bank has on the 29th February 2024, through its subsidiary KT Kira Certificates Asset Lease, launched a Sukuk facility worth TRY500 million (US$15.88 million) that carries a 95-day tenor and a 43.5% simple annual return rate and another Sukuk facility worth TRY400 million (US$12.7 million) that carries a 122-day tenor and a 44% simple annual return rate, according to separate bourse filings.
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